Rigger Shelley E 4

What Happened
Shelley E. Rigger, a director of Taiwan Fund Inc. (TWN), sold 134 shares in an open-market transaction on May 19, 2026. The shares were sold at $88.82 each for a total of approximately $11,902. This was a sale (disposition), which is often a routine liquidity event rather than a clear signal about the company’s prospects.

Key Details

• Transaction date: 2026-05-19 (reported on Form 4 filed 2026-06-09)
• Price per share: $88.82; Shares sold: 134; Total proceeds: ~$11,902
• Post-transaction holdings: Not specified in the filing excerpt provided
• Footnotes/plan: No 10b5-1 plan, tax-withholding, or other special footnotes disclosed in the provided data
• Timeliness: Filing was submitted 21 days after the transaction (filed 2026-06-09), which is later than the typical 2-business-day reporting window

Context
Sales by directors are common and can reflect personal liquidity needs, portfolio rebalancing, or other non-fundamental reasons. Because this is a relatively small, open-market sale, it should be interpreted cautiously and not taken alone as a signal about Taiwan Fund’s outlook.